Interview
How the Shutdown is Driving Millennial Investing Themes
- Millennials are projected to remain the dominant global consumer force driving spending growth for the foreseeable future, having entered their prime earning years five years prior to the interview and comprising 75% of the global workforce by 2025.
- Spending on tech-enabled consumption products and digital services is expected to remain elevated beyond the pandemic as consumers adapt to convenience and sustained penetration.
- Experience-based industries including travel, dining, and live events are anticipated to benefit from significant pent-up demand once restrictions lift, with companies possessing sufficient liquidity during lockdowns positioned to thrive.
- As millennials form families, spending habits are forecast to shift toward the intersection of parenthood, healthy living, and baby foods.
- The healthcare sector is predicted to undergo fundamental transformation driven by advances in genomics as the millennial demographic ages.
- Software companies facilitating workplace collaboration and flexibility are viewed as well-positioned for long-term success due to the expansion of the digital workforce.
- Consumer goods packaging is expected to shift away from plastics toward substitutes like aluminum, driven by millennial values.
- A long-term strengthening of commitment to sustainability is anticipated, supported by observed improvements in pollution levels and clearer skies.